Price Reduced 21.92%


Price History

$4,995,000
6/1/2025

$4,100,000
8/28/2025

$3,900,000
10/14/2025


1 & 9 Franklin Terrace, South Portland, ME, 04106

1 & 9 Franklin Terrace, South Portland, ME, 04106

14 rooms

7 beds

4 Full / 1 Half baths

1990

Bungalow

4,300 sqft

Willard Beachfront Estate with Panoramic Ocean Views. Welcome to this rare beachfront gem located in South Portland's highly desirable Willard Beach neighborhood. This property offers a luxurious coastal lifestyle with two distinct homes—a fully remodeled four+ bedroom main residence and a charming three-bedroom guest house- plus a possible buildable lot. Perfect family compound. The main home was completely remodeled in the spring of 2022 and is designed to capture the beauty of the ocean from nearly every angle. The primary bedroom suite offers a serene escape with its own sitting area, an electric fireplace, ensuite bath, and a hidden office tucked discreetly behind the scenes—all showcasing sweeping views of the beach and Casco Bay. The open-concept kitchen, living room, and dining area are anchored by a dramatic gas fireplace and feature unobstructed views of the islands, Spring Point Lighthouse, and passing cruise ships. You'll fall asleep to the soft sounds of the ocean and on cloudy days be gently hypnotized by the moody foghorn. Upstairs, a bonus room over the garage provides flexible space for a gym, or creative studio. Also on the second floor is a partial kitchen with sitting area—ideal for guests or entertaining. The main level includes a wrap-around deck for indoor-outdoor living. A two-car heated garage, whole-house generator, radiant heat on the first floor, and efficient heat pumps throughout ensure year-round comfort. Included in the offering is a smaller, separate home featuring three bedrooms, a bath and 1/2 . With hardwood floors and a woodstove. This unique beachfront home is located within walking distance of SMCC, the Greenbelt Trail, Spring Point Marina, local shopping and dining favorites. Whether you're seeking a peaceful seaside residence or a property with exceptional potential. A one-of-a-kind opportunity on the Maine coast. Broker owned.


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Washer Hookup

Zoning:

A

Garage:

2-car

Heating:

Wood Stove, Radiant, Hot Water, Heat Pump, Baseboard

Cooling:

Wall/Window Unit(s), Heat Pump

Basement:

Interior, Other, Sump Pump, Unfinished

Parking:

Heated, Auto Door Opener, 1 - 4 Spaces, 5 - 10 Spaces, Other, Paved, On Site, Inside Entrance

Acreage:

0.55

Est. Taxes:

$36,796

Construction

Vinyl Siding, Other, Composition, Wood Frame

Lot Description:

Well Landscaped, Level, Near Public Beach, Near Shopping, Near Town, Neighborhood, Irrigation System

View Description:

Scenic

Amenities:

In-Law Apartment, Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Shower, Storage, Primary Bedroom w/Bath

Waterfront:

Yes

Appliances:

Tankless Water Heater, Washer, Refrigerator, Microwave, Gas Range, Electric Range, Dryer, Disposal, Dishwasher

MLS #:

1624824


Community Info

School Info



Listing courtesy of F.O. Bailey Real Estate